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Kavango Confirms Open-Pit Gold Deposit at Nightshift Prospect in Zimbabwe 21 International Gold 

Kavango Confirms Open-Pit Gold Deposit at Nightshift Prospect in Zimbabwe

Constance
Kavango Resources announces maiden JORC-compliant gold resource at Nightshift prospect, boosting Hillside project potential in Zimbabwe LSE-listed Kavango Resources has confirmed the presence of an open-pit gold deposit at its Nightshift prospect, part of the Hillside gold project in Zimbabwe, following a maiden Joint Ore Reserves Committee (JORC)-compliant mineral resource estimate (MRE) that exceeded expectations. Announcing the results on October 20, the company said the MRE validates its strategy to expand gold production through modern, mechanised mining and processing methods. According to Kavango, the Nightshift deposit is expected to deliver… Read More Here
Tertiary Minerals secures £100,000 funding to expand drilling at Mushima North project in Zambia 22 Mining in Zambia Corporate News New Mining Projects 

Tertiary Minerals secures £100,000 funding to expand drilling at Mushima North project in Zambia

Constance
Tertiary Minerals Raises £100,000 to Advance Mushima North Silver-Copper-Zinc Exploration in Zambia AIM-listed Tertiary Minerals has raised £100,000 before expenses through a share placing arranged by its joint broker, Peterhouse Capital. The placement involved 153.8 million new ordinary shares, issued exclusively to Stuart Packwood, a significant existing shareholder. Proceeds will be used to fund upcoming exploration work at the company’s Target A1 silver-copper-zinc prospect, part of the Mushima North project in Zambia. Following the placing, the new shares represent approximately 3.01% of Tertiary’s enlarged issued share capital. Upon admission, Packwood’s… Read More Here
Uru Metals Awards Key Engineering Contracts to Advance Zeb Nickel Project in South Africa 23 International Battery Metals New Mining Projects Nickel 

Uru Metals Awards Key Engineering Contracts to Advance Zeb Nickel Project in South Africa

Constance
Uru Metals Moves Forward with Zeb Nickel Project, Awards Engineering and Environmental Contracts in Limpopo UK-based mining company Uru Metals has awarded two key engineering and services contracts to accelerate development of its Zeb Nickel Project in South Africa’s Limpopo Province. The first contract, awarded to GF International, covers a combined ground gravity and frequency-domain electromagnetic survey. This survey will target two key prospects and aims to refine drill targets for Uru Metals as the company advances exploration efforts. The second contract focuses on implementing the environmental rehabilitation guarantee, a… Read More Here
Copper 360 Strengthens Board with Three New Independent Nonexecutive Directors 24 Mining Personality International 

Copper 360 Strengthens Board with Three New Independent Nonexecutive Directors

Constance
Copper 360 appoints Peter Scott, Beverley Bouwer, and Lindiwe Montshiwagae as independent nonexecutive directors JSE-listed Copper 360 has announced the appointment of Peter Scott, Beverley Bouwer, and Lindiwe Montshiwagae as independent nonexecutive directors, effective October 15, following its Annual General Meeting (AGM) held on the same date. At the meeting, Dr Mbendeni Humphrey Mathe and Shirley Ann Hayes retired by rotation. While Dr Mathe stepped down from the board, Hayes made herself available for re-election and was subsequently reappointed as a nonexecutive director. “The board extends its gratitude to Dr… Read More Here
Two Police Officers Killed in Attack Near Gemfields’ Montepuez Ruby Mine in Mozambique 25 International Gemstones Mine Safety 

Two Police Officers Killed in Attack Near Gemfields’ Montepuez Ruby Mine in Mozambique

Constance
Gemfields confirms deaths of two police officers following illegal miner attack at Montepuez Ruby Mine in Mozambique Gemstone miner Gemfields has confirmed the deaths of two police officers during an attack earlier last week at its Montepuez Ruby Mining (MRM) operation in Mozambique. According to the company, approximately 40 illegal miners marched on the mine’s gate and attacked police officers stationed at the site. Two officers were killed in the incident, including a commander from Mozambique’s Natural Resources Protection Force. Gemfields stated that no MRM employees or contractors were injured,… Read More Here
Barrick Resumes Gold Production at Mali’s Loulo-Gounkoto Mine After Nine-Month Shutdown 26 International Corporate News Gold 

Barrick Resumes Gold Production at Mali’s Loulo-Gounkoto Mine After Nine-Month Shutdown

Constance
Barrick’s Loulo-Gounkoto gold mine restarts operations in Mali after government dispute and nine-month halt Barrick Gold Corporation has restarted operations at its Loulo-Gounkoto gold mine in Mali after a shutdown lasting more than nine months, Bloomberg reported, citing sources familiar with the matter. The Loulo-Gounkoto complex, one of Barrick’s most important assets in West Africa, was shut down in January following escalating tensions with Mali’s military-led government. The dispute intensified earlier this year when a Malian court appointed Soumana Makadji, an accountant and former health minister, to manage the mine… Read More Here
DRC Launches International Call for Railway Assembly Plant Investment 27 Transport and Logistics 

DRC Launches International Call for Railway Assembly Plant Investment

Constance
DRC Seeks International Partners to Build Train, Locomotive, and Wagon Assembly Plant The Ministry of Transport, Communication Routes, and Accessibility has launched an international call for expressions of interest for the construction of a national assembly plant for trains, locomotives, and wagons. According to the official document signed by Deputy Prime Minister in charge of Transport, Jean-Pierre Bemba Gombo, the project aims to identify technical, industrial, and financial partners for the design, financing, construction, equipment, operation, and maintenance of the facility. Two potential sites have been proposed: Matadi (Kongo Central)… Read More Here
DRC Reaffirms Strategic Role in Global Energy Transition at Financial Times Africa Summit 28 Mining in DRC 

DRC Reaffirms Strategic Role in Global Energy Transition at Financial Times Africa Summit

Constance
DRC Highlights Mining Potential and Investment Opportunities at 2025 Financial Times Africa Summit At the Financial Times Africa Summit, held from October 21 to 22, 2025, in London, United Kingdom, the Democratic Republic of Congo (DRC) reaffirmed its commitment to consolidating its strategic position in the global energy transition. The event brought together international investors, policymakers, and mining sector experts. Representing the DRC, Minister of Mines Louis Kabamba Watum delivered a highly praised speech, urging global investors to explore the country’s exceptional mining potential. He emphasized that only 10% of… Read More Here
Félix Tshisekedi Leads Efforts to Ensure Congolese Franc Appreciation Benefits Households 29 Mining in DRC Economy 

Félix Tshisekedi Leads Efforts to Ensure Congolese Franc Appreciation Benefits Households

Constance
Congolese Franc Strengthens: Tshisekedi Urges Government to Reflect Gains in Household Prices Following his recommendation at the 63rd Council of Ministers meeting to establish a monitoring mechanism for the Congolese franc’s appreciation, President Félix Tshisekedi chaired an economic situation meeting on Wednesday evening, October 22, at the African Union City. The session brought together the Prime Minister, the Deputy Prime Ministers in charge of Budget and National Economy, the Minister of Finance, and several other senior government officials. President Tshisekedi emphasized the importance of consolidating citizens’ confidence in the national… Read More Here
CNPAV Reveals $1.36 Billion Loss in DRC’s Mutanda Mining Assets 30 Mining in DRC 

CNPAV Reveals $1.36 Billion Loss in DRC’s Mutanda Mining Assets

Constance
DRC Loses Over $1.3 Billion in Mutanda Mining Deals, CNPAV Calls for Transparency Based on official data and independent financial analyses, the coalition “Congo is Not for Sale” (CNPAV) revealed on Friday that the Democratic Republic of Congo (DRC) has lost substantial resources due to undervaluation and the opaque sale of Gécamines’ assets in the Mutanda Mining (MUMI) project. In its report titled “Cobalt at a Discounted Price, Corruption at Full Price,” presented during a conference at Sylikin Village in Kinshasa, CNPAV documented the losses and irregularities in detail: “In… Read More Here

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